Want $1,000 in Annual Income? These 2 Sizzling Stocks Are Buys

Berkshire Hathaway's chief executive officer Warren Buffett is well known for his remarkable insights into personal finance and investing. One of my favorite quotes from the Oracle of Omaha is, "If you don't find a way to make money while you sleep, you will work until you die."

As a dividend growth investor, it's no secret that I'm biased toward dividends as a form of passive income to achieve financial independence.

The first $1,000 in annual dividend income arguably takes the longest to achieve because investors need to set aside capital to invest and don't yet really have the benefit of compounding. But investors with $22,000 available to invest can take the first step toward financial independence by making these two real estate investment trusts (REITs) part of a diversified dividend stock portfolio.

Source Fool.com